Magnetic Resources Full Year 2024 Earnings: AU$0.053 loss per share (vs AU$0.031 loss in FY 2023)

[email protected] (Simply Wall St)
1 min read

In This Article:

Magnetic Resources (ASX:MAU) Full Year 2024 Results

Key Financial Results

  • Net loss: AU$12.3m (loss widened by 73% from FY 2023).

  • AU$0.053 loss per share (further deteriorated from AU$0.031 loss in FY 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Magnetic Resources shares are down 2.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Magnetic Resources (2 are significant!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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